Leicester: the market in figures
Leicester averages £226,881, which puts it 79th among the 135 areas covered and 9th of the 11 in the East Midlands. The regional figure is £241,955, so the area sits 6.2% below it, and it lies 16.9% below the UK mean of £273,037. The latest year brought a fall of 1.5%, against an increase of 0.5% for the East Midlands. Leicester is 79th in the full ranking, which starts with Kensington and Chelsea and ends with City of Aberdeen; the comparison with the UK uses £273,037.
Start at £146,983 in 2016 and end at £226,881 in 2026: that is 54.4%, a gain of £79,898. The year 2022 contributed most (12.5%), then 2017 (8.3%), while 2026 contributed least (a dip of 1.5%). The highest reading is £230,294, in 2025, and the latest figure sits below it. Halfway points: £168,692 (2018) and £225,444 (2023).
The property types line up as £140,344 for flats, £205,717 for terraced houses, £260,514 for semi-detached homes and £380,683 for detached ones. Moving from a flat to a detached house means paying £240,339 extra, 171.2% more. First-time purchases average £210,898, which is 7% short of the all-buyer figure.
Nuneaton and Bedworth sets the floor among the neighbours at £226,730, down 0.1% on Leicester, and Harborough sets the ceiling at £341,706, up 50.6% on Leicester. Hinckley and Bosworth is the nearest match, £258,960 (up 14.1% on Leicester). In the latest twelve months, Harborough gained most with an increase of 5%, while Nuneaton and Bedworth had a decrease of 0.2%. As for separation, Blaby stands 8 km apart, Charnwood stands 12 km apart, Harborough stands 19 km apart, Hinckley and Bosworth stands 20 km apart and Nuneaton and Bedworth stands 28 km apart.
The tax side looks like this. Moving home costs £2,038 in Stamp Duty Land Tax, equal to 0.9%; buying a first home costs £0; buying another property costs £13,382. A fee of £150 is due to HM Land Registry, and the sales count is 2,286. Figures are dated August 2026; sales were gathered across June 2025 to May 2026.
Payotte, from the UK HPI and the calculator.
Property professionals in Leicester
One firm per trade, selected by Payotte on public data (3 of 5 trades filled in Leicester). Companies, never individuals, with a regulator or register you can check with the official body.
| Trade | Firm | Google rating | Reviews | Score /100 | Status | Listing |
|---|---|---|---|---|---|---|
| Estate agent | Vacant | — | — | — | — | — |
| Mortgage adviser | Vacant | — | — | — | — | — |
| Conveyancer | Bond Adams Solicitors | 4.4 | 21 | 69 | Partial | View |
| Surveyor | Inspect Property Ltd | 5 | 105 | 76 | Selected | View |
| Valuer | Inspect Property Ltd | 5 | 105 | 76 | Selected | View |
One firm per trade and per area, chosen on public data and scored out of 100 points — Google reviews (35), age of the company (30), checkable regulator or register (15), local anchoring (15), bonus (5). The ranking is never paid for. No firm can buy its place or its recommendation. How Payotte ranks firms
Calculate for Leicester
Frequently asked questions
What is the average house price in Leicester?
The average price of a home in Leicester was £226,881 in August 2026, -1.5% over twelve months (UK House Price Index).
Have house prices gone up in Leicester?
The average price in Leicester went from £146,983 in August 2016 to £226,881 in August 2026, a change of +54.4%; -1.5% over the last twelve months (UK House Price Index).
How much Stamp Duty Land Tax on an average-priced home in Leicester?
On £226,881, Stamp Duty Land Tax (SDLT) comes to £2,038 for a home mover, £0 for a first-time buyer and £13,382 for an additional property, at the rates in force in England.
How much tax when you sell a home in Leicester?
None on your main home if it was your only home, lived in for all the time you owned it, not let out and not used exclusively for business (Private Residence Relief). A second home or a buy-to-let pays Capital Gains Tax above the £3,000 allowance (2026 to 2027; rates in the calculator above). Bought at the average price in Leicester in August 2016 (£146,983) and sold at the August 2026 average (£226,881), the gain of £79,898 costs a higher rate taxpayer £18,456, before deducting the costs of buying, selling and improving. The tax is reported and paid within 60 days of completion (HMRC).
Is Leicester expensive?
Leicester ranks 79th of the 135 areas Payotte covers for the average price in August 2026, from £1,204,072 in Kensington and Chelsea to £133,782 in City of Aberdeen.
Prices by property type, August 2026
| Type | Average price | East Midlands |
|---|---|---|
| Detached | £380,683 | £355,978 |
| Semi-detached | £260,514 | £231,098 |
| Terraced | £205,717 | £187,398 |
| Flat or maisonette | £140,344 | £124,216 |
| All types | £226,881 | £241,955 |
| First-time buyers | £210,898 | £206,771 |
The UK HPI is a mix-adjusted average (a hedonic model), not the price of the homes sold in the month. Northern Ireland figures are quarterly.
The trend, August of each year
| Year | Average price | Change on the year before |
|---|---|---|
| 2016 | £146,983 | — |
| 2017 | £159,196 | +8.3% |
| 2018 | £168,692 | +6% |
| 2019 | £174,397 | +3.4% |
| 2020 | £184,400 | +5.7% |
| 2021 | £199,562 | +8.2% |
| 2022 | £224,496 | +12.5% |
| 2023 | £225,444 | +0.4% |
| 2024 | £225,007 | -0.2% |
| 2025 | £230,294 | +2.3% |
| 2026 | £226,881 | -1.5% |
Sources
- Prices and sales: UK House Price Index, file UK-HPI-full-file-2026-08.csv. Contains HM Land Registry data © Crown copyright and database right 2020. This data is licensed under the Open Government Licence v3.0.
- Purchase tax: rates and sources of the calculator (HMRC).
- Tax when you sell: Capital Gains Tax rates, Tax when you sell your home and Report and pay your Capital Gains Tax (GOV.UK, HMRC).